signal strength 4 of 5

According to the chart of H1, USDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8243 while the median line of the Neck is found at 0.8185/0.8223. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of USDCHF will go towards 0.8283
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- AUDCAD
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- EURUSD
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According to the chart of M5, GBPJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 195.64, the lower border is 195.40. The signal means
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Double Top reversal pattern has been formed on AUDCAD M5. Characteristics: the upper boundary 0.8908; the lower boundary 0.8893; the width of the pattern is 15 points. Sell trades
The M5 and M15 time frames may have more false entry points.
Open chart in a new windowThe Triple Bottom pattern has formed on the chart of the GBPCHF M5 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window